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Micro Focus International plc (LON:MCRO)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity in a research note issued to investors on Monday. They currently have a GBX 1,003 ($16.87) price target on the stock. Canaccord Genuity’s target price indicates a potential upside of 28.92% from the company’s current price.

A number of other firms have also recently commented on MCRO. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Micro Focus International plc in a research note on Friday, May 9th. They now have a GBX 878 ($14.77) price target on the stock. Separately, analysts at Numis Securities Ltd upgraded shares of Micro Focus International plc to a “buy” rating in a research note on Wednesday, April 30th. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Micro Focus International plc in a research note on Friday, April 4th. They now have a GBX 900 ($15.14) price target on the stock. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 874 ($14.70).

Shares of Micro Focus International plc (LON:MCRO) opened at 791.50 on Monday. Micro Focus International plc has a 52-week low of GBX 673.725 and a 52-week high of GBX 890.50. The stock has a 50-day moving average of GBX 809.7 and a 200-day moving average of GBX 791.. The company’s market cap is £1.182 billion.

Micro Focus International plc is engaged in making and selling of software products. The Company, along with its subsidiaries, provides software to clients worldwide.

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